i am including these better quality photos. the questions that are being asked were in the original set of photos. please let me know if anything else is needed.

Lawn Care come statement and it year ary 2 December 3, Year Year January Lara De Tara Year January 1. Years Dec 31, Years Years 1. Year December 3 Yara YA evene 3400 120 40120 stawie 2014 May 10 w 53/cut Saws/uty 14400 14400 5.500 1 15.30 5 DO $150 $ 120 5 10 000 Cost of Goods 5 2100 23.00 5 20 20 Lahore C/1.320 11200 29200 512100 5 GoPro 13.00 11 3 20 5 17,20 5 100 5 5 400 Gendrive MargoSon Aration 500 Supp LOGO 2.000 30 1.000 DO 300 1 5 LG TAITOA ring forever and dependien ret Tutup 3 11 BE 300 78 Sato 1.2 ansformes Te . 27 164 94 Statement of Changes in Cash Flow Year 1 Year 2 Year 3 Year 4 9,604 $ $ $ $ 8,164 175 (3,156) 9,491 275 175 Net Income Depreciation (incl/Dec in Accts Receivable (incl/Dec in Inventory Inc/(Dec) in Accts Payable Inc/(Dec) in Salaries Payable $ $ $ $ $ $ 8,164 175 (3,156) (100) (316) 5 $ $ $ $ $ 0 0 3,814 Total Cash Flow from Operations $ 5,083 $ 8,996 $ 9,463 $ 9,766 $ $ (2.000) $ $ 5 (inc) in Gross Long-term Investments Sale of Gross Long-term Investments (incl/Dec in Short-term investments (500) $ $ $ $ Total Cash Flow from Investments $ 12,000) $ $ (500) Inc/(Dec) Short-term Financing Inc/(Dec) Long-term Financing Inc/(Dec) Equity Investment (Dividends and Distributions paid to owners) $ $ $ $ $ 500 2,100 $ $ 2,100 $ $ $ 500 Total Cash Flow from Financing Total Annual Cash Flow Cash Balance at Beginning of Year Cash Balance at End of Year Check $ 5,183 $ $ 5,183 TRUE $ $ $ 8,996 5,183 14,179 TRUE $ $ $ 9,463 14,179 23,642 TRUE $ $ $ 9,766 23,642 33,408 TRUE Gewe heart of the business and at the frutar el paration A Dec 3 Tear As Dec Year A December 1, Derbi Year 4 As of Cath $ 5.16 3 5 5 Rece ry 0.00 50.00 50.00 50.00 . 628 S. 5 1,150 300 3 100 09 5 100 60 5 CA 10.00 5 3,419 $ 20,891 $ BE 5 MTO WOO 5 Gwewn Mower Grunk Vatra Shet Gamle De Mand Shed Net Back Vents $0.00 $0.00 50.00 $ $ $ $ $ S $ 500 1,500 175 125 500 1,500 1.500 sace 150 1.650 $ 1435 5 $ 1,700 $0.00 $ 10.14 $ 22.241 $ THE $ 41,136 and Owners for w Acts Payable Sale Currents 50.00 $0.00 $0.00 MT $09 1,814 $0 $ 2014 Ourrenbes 50.00 $ 5 VESTE 5 1814 5 YE Long Term Debt $0.00 $ $ $ 5 soo $0.00 3 5 3814 5 3.614 3 4,14 50.00 $0.00 $ Come Sock Preferred Rock Betained in 2.100 2,100 5 $ 5 2,100 5 2.100 $ $ 5000 8.164 10 5 5 Total Owner's touty 50.00 $10.24 5 18,420 Turtles and Owner auty 21.011 5 17,52 50.00 10,24 TRUE 5 23.141 TRUE $ 21.34 5 TRUE 1,36 TRUE 2. You plan a new coffee shop: Trusting your culinary instincts and flair for promotion, you decide to open a new coffee shop after graduation. You plan: 1. In the first year, you and your sibling can staff the coffee shop yourselves. Living together, you will be able to make ends meet if you pay yourselves $2,000/month each. 2. You have found the location of a former coffee shop that is full furnished. Rent and other operating costs of this location are $2,500/month. 3. After careful market research, you decide to charge $4.50 per cup for coffee (variable cost = $0.50/cup) and $5.00 for a pastry assortment (variable cost - $1.50/assortment). You estimate that each customer will order one cup of coffee, and half of customers will also order a pastry assortment Lawn Care Income Statement. End of First Year January 1, Year December 31 Year 1 Year1 January 1, Year 2- December 31, Year 2 Year 2 January 1 Year 4 December 31, Year Year 4 Year 2 Revenu 38,600 $ 3400 January 1, Year) December 31, Year Year) Increase prices New price 40.10 S.COM $ 15,120 15,130 5 10,000 40,320 15 liwn $10/45 10 lawn # 80ML * 48 pitty towns Scut cut $ $ $ 14,400 14.400 9,600 5 0.00% $15 120 $ 15.120 5 10,000 Cost of Goois volt 23.00 S 23,040 5 23.040 3 21.040 S Labor 510 1.920 Gas 52/eien 1.920 los 1,200 LO S $ $19,200 $ 3840 19,200 3.40 3 Group 15, MO 3 17,280 5 17,200 General and Administrative pres $ 4,100 5 4.100 5 4100 $ 4,00 $ $ 5 1.000 1.000 100 $ $ 1.000 3,000 300 $ 2000 $ 2000 300 Marketing / Administration $20he 150 hrs Supplies and Maintenance ITDA amips before interest, tes and depreciation) Interest 5 11,000 $ 11.000 5 12.00 5 $ $ 5 50 125 125 $ 225 Total Annual Depreciation Mowers 5500/lyri Shed $1,500/20yrs Earnings Before Tones $ 100 75 S 100 75 $ 5 200 75 S 10 ARS 5 10.885 5 12,105 3 12,65 Tuner 25.00% 3 2,721 $ 2,721 3 201 5 3,164 Net Income After Tax $ 1,164 8.164 9.604 9,491 Comparative Balance sheets, at the start of the sun and after the first year oferation As of December 31 Year As of December 11 Year 2 As of Decem, Year As of December Year As carry 5.15 14,179 Cash Serwis Sere $0.00 30.00 $0.00 50.00 5 $ 305 3 3.156 100 5 505 5 6,312 100 60 3 5.628 100 505 5 5028 100 Ourent Anti 50.00 $ 8.49 5 20,591 5 30.370 5 40,16 $0.00 5000 $0.00 $ investment Gros Book Value Lawn Mowers Cross Book Wwe Lawn Shed Cumulative Dey Mowers and Shed NetBook we of rements Toalet 5 5 $ 5 500 1,500 175 1,25 500 1,500 150 1650 500 1.500 5 $ 5 $ 5 $ 5 $ 1,000 1.500 100 1.700 $0.00 $ 1,475 $0.00 $ 1024 $ 22,241 5 31,845 $ 41,01 tables and Owners uity Accounts Payable Salaries able Current and Payable $0.00 $0.00 $0.00 5 60 % 60 5 2014 2014 Current $0.00 $ $ 3,814 5 1814 $ 3,816 Long Term Debt $ 5 5 5 500 Toties $0.00 $ $ 1,814 5 3,814 5 4114 Common Stock Preferred to Retained Camine 2,100 2,100 $0.00 $0.00 50.00 5 $ $ 5 2.100 $ $ $ $ 2.100 1,164 16. 25.11 34 Total Owners 50.00 $ 10,264 5 18.428 5 031 Totables and Owners quity 5 17.00 50.00 $10.264 TRUE s 22,241 TRUE 3 11.145 TRUE $ 1010 TRUE Statement of Changes in Cash Flow Year 1 Year 2 Year 3 Year 4 $ 9,491 $ $ 8,164 175 (3,156) $ $ 9,604 175 (316) S 275 Net Income Depreciation (Incl/Dec in Accts Receivable (Inc)/Dec in Inventory Inc/Dec) in Accts Payable Inc/Dec) in Salaries Payable 8,164 175 (3,156) (100) $ $ $ $ $ $ $ $ $ 0 0 3,814 Total Cash Flow from Operations $ 5,083 $ 8,996 $ 9,463 $ 9,766 $ $ $ (2,000) $ (500) (Inc) in Gross Long-term Investments Sale of Gross Long-term Investments (Incl/Dec in Short-term Investments Total Cash Flow from Investments $ (2,000) $ $ (500) Inc/(Dec) Short-term Financing Inc/(Dec) Long-term Financing Inc/(Dec) Equity Investment (Dividends and Distributions paid to owners) $ $ $ $ S 500 2,100 Total Cash Flow from Financing $ 2,100 $ $ 500 5,183 Total Annual Cash Flow Cash Balance at Beginning of Year Cash Balance at End of Year Check $ $ $ S 8,996 $ 5,183 $ 14,179 TRUE $ $ $ 9,463 14,179 23,642 TRUE $ S $ 5,183 TRUE 9,766 23,642 33,408 TRUE Lawn Care come statement and it year ary 2 December 3, Year Year January Lara De Tara Year January 1. Years Dec 31, Years Years 1. Year December 3 Yara YA evene 3400 120 40120 stawie 2014 May 10 w 53/cut Saws/uty 14400 14400 5.500 1 15.30 5 DO $150 $ 120 5 10 000 Cost of Goods 5 2100 23.00 5 20 20 Lahore C/1.320 11200 29200 512100 5 GoPro 13.00 11 3 20 5 17,20 5 100 5 5 400 Gendrive MargoSon Aration 500 Supp LOGO 2.000 30 1.000 DO 300 1 5 LG TAITOA ring forever and dependien ret Tutup 3 11 BE 300 78 Sato 1.2 ansformes Te . 27 164 94 Statement of Changes in Cash Flow Year 1 Year 2 Year 3 Year 4 9,604 $ $ $ $ 8,164 175 (3,156) 9,491 275 175 Net Income Depreciation (incl/Dec in Accts Receivable (incl/Dec in Inventory Inc/(Dec) in Accts Payable Inc/(Dec) in Salaries Payable $ $ $ $ $ $ 8,164 175 (3,156) (100) (316) 5 $ $ $ $ $ 0 0 3,814 Total Cash Flow from Operations $ 5,083 $ 8,996 $ 9,463 $ 9,766 $ $ (2.000) $ $ 5 (inc) in Gross Long-term Investments Sale of Gross Long-term Investments (incl/Dec in Short-term investments (500) $ $ $ $ Total Cash Flow from Investments $ 12,000) $ $ (500) Inc/(Dec) Short-term Financing Inc/(Dec) Long-term Financing Inc/(Dec) Equity Investment (Dividends and Distributions paid to owners) $ $ $ $ $ 500 2,100 $ $ 2,100 $ $ $ 500 Total Cash Flow from Financing Total Annual Cash Flow Cash Balance at Beginning of Year Cash Balance at End of Year Check $ 5,183 $ $ 5,183 TRUE $ $ $ 8,996 5,183 14,179 TRUE $ $ $ 9,463 14,179 23,642 TRUE $ $ $ 9,766 23,642 33,408 TRUE Gewe heart of the business and at the frutar el paration A Dec 3 Tear As Dec Year A December 1, Derbi Year 4 As of Cath $ 5.16 3 5 5 Rece ry 0.00 50.00 50.00 50.00 . 628 S. 5 1,150 300 3 100 09 5 100 60 5 CA 10.00 5 3,419 $ 20,891 $ BE 5 MTO WOO 5 Gwewn Mower Grunk Vatra Shet Gamle De Mand Shed Net Back Vents $0.00 $0.00 50.00 $ $ $ $ $ S $ 500 1,500 175 125 500 1,500 1.500 sace 150 1.650 $ 1435 5 $ 1,700 $0.00 $ 10.14 $ 22.241 $ THE $ 41,136 and Owners for w Acts Payable Sale Currents 50.00 $0.00 $0.00 MT $09 1,814 $0 $ 2014 Ourrenbes 50.00 $ 5 VESTE 5 1814 5 YE Long Term Debt $0.00 $ $ $ 5 soo $0.00 3 5 3814 5 3.614 3 4,14 50.00 $0.00 $ Come Sock Preferred Rock Betained in 2.100 2,100 5 $ 5 2,100 5 2.100 $ $ 5000 8.164 10 5 5 Total Owner's touty 50.00 $10.24 5 18,420 Turtles and Owner auty 21.011 5 17,52 50.00 10,24 TRUE 5 23.141 TRUE $ 21.34 5 TRUE 1,36 TRUE 2. You plan a new coffee shop: Trusting your culinary instincts and flair for promotion, you decide to open a new coffee shop after graduation. You plan: 1. In the first year, you and your sibling can staff the coffee shop yourselves. Living together, you will be able to make ends meet if you pay yourselves $2,000/month each. 2. You have found the location of a former coffee shop that is full furnished. Rent and other operating costs of this location are $2,500/month. 3. After careful market research, you decide to charge $4.50 per cup for coffee (variable cost = $0.50/cup) and $5.00 for a pastry assortment (variable cost - $1.50/assortment). You estimate that each customer will order one cup of coffee, and half of customers will also order a pastry assortment Lawn Care Income Statement. End of First Year January 1, Year December 31 Year 1 Year1 January 1, Year 2- December 31, Year 2 Year 2 January 1 Year 4 December 31, Year Year 4 Year 2 Revenu 38,600 $ 3400 January 1, Year) December 31, Year Year) Increase prices New price 40.10 S.COM $ 15,120 15,130 5 10,000 40,320 15 liwn $10/45 10 lawn # 80ML * 48 pitty towns Scut cut $ $ $ 14,400 14.400 9,600 5 0.00% $15 120 $ 15.120 5 10,000 Cost of Goois volt 23.00 S 23,040 5 23.040 3 21.040 S Labor 510 1.920 Gas 52/eien 1.920 los 1,200 LO S $ $19,200 $ 3840 19,200 3.40 3 Group 15, MO 3 17,280 5 17,200 General and Administrative pres $ 4,100 5 4.100 5 4100 $ 4,00 $ $ 5 1.000 1.000 100 $ $ 1.000 3,000 300 $ 2000 $ 2000 300 Marketing / Administration $20he 150 hrs Supplies and Maintenance ITDA amips before interest, tes and depreciation) Interest 5 11,000 $ 11.000 5 12.00 5 $ $ 5 50 125 125 $ 225 Total Annual Depreciation Mowers 5500/lyri Shed $1,500/20yrs Earnings Before Tones $ 100 75 S 100 75 $ 5 200 75 S 10 ARS 5 10.885 5 12,105 3 12,65 Tuner 25.00% 3 2,721 $ 2,721 3 201 5 3,164 Net Income After Tax $ 1,164 8.164 9.604 9,491 Comparative Balance sheets, at the start of the sun and after the first year oferation As of December 31 Year As of December 11 Year 2 As of Decem, Year As of December Year As carry 5.15 14,179 Cash Serwis Sere $0.00 30.00 $0.00 50.00 5 $ 305 3 3.156 100 5 505 5 6,312 100 60 3 5.628 100 505 5 5028 100 Ourent Anti 50.00 $ 8.49 5 20,591 5 30.370 5 40,16 $0.00 5000 $0.00 $ investment Gros Book Value Lawn Mowers Cross Book Wwe Lawn Shed Cumulative Dey Mowers and Shed NetBook we of rements Toalet 5 5 $ 5 500 1,500 175 1,25 500 1,500 150 1650 500 1.500 5 $ 5 $ 5 $ 5 $ 1,000 1.500 100 1.700 $0.00 $ 1,475 $0.00 $ 1024 $ 22,241 5 31,845 $ 41,01 tables and Owners uity Accounts Payable Salaries able Current and Payable $0.00 $0.00 $0.00 5 60 % 60 5 2014 2014 Current $0.00 $ $ 3,814 5 1814 $ 3,816 Long Term Debt $ 5 5 5 500 Toties $0.00 $ $ 1,814 5 3,814 5 4114 Common Stock Preferred to Retained Camine 2,100 2,100 $0.00 $0.00 50.00 5 $ $ 5 2.100 $ $ $ $ 2.100 1,164 16. 25.11 34 Total Owners 50.00 $ 10,264 5 18.428 5 031 Totables and Owners quity 5 17.00 50.00 $10.264 TRUE s 22,241 TRUE 3 11.145 TRUE $ 1010 TRUE Statement of Changes in Cash Flow Year 1 Year 2 Year 3 Year 4 $ 9,491 $ $ 8,164 175 (3,156) $ $ 9,604 175 (316) S 275 Net Income Depreciation (Incl/Dec in Accts Receivable (Inc)/Dec in Inventory Inc/Dec) in Accts Payable Inc/Dec) in Salaries Payable 8,164 175 (3,156) (100) $ $ $ $ $ $ $ $ $ 0 0 3,814 Total Cash Flow from Operations $ 5,083 $ 8,996 $ 9,463 $ 9,766 $ $ $ (2,000) $ (500) (Inc) in Gross Long-term Investments Sale of Gross Long-term Investments (Incl/Dec in Short-term Investments Total Cash Flow from Investments $ (2,000) $ $ (500) Inc/(Dec) Short-term Financing Inc/(Dec) Long-term Financing Inc/(Dec) Equity Investment (Dividends and Distributions paid to owners) $ $ $ $ S 500 2,100 Total Cash Flow from Financing $ 2,100 $ $ 500 5,183 Total Annual Cash Flow Cash Balance at Beginning of Year Cash Balance at End of Year Check $ $ $ S 8,996 $ 5,183 $ 14,179 TRUE $ $ $ 9,463 14,179 23,642 TRUE $ S $ 5,183 TRUE 9,766 23,642 33,408 TRUE